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Poe Dameron and Maz Kanata own identical houses in the same neighbourhood. The only difference between the two is that Poe's house is subject to

Poe Dameron and Maz Kanata own identical houses in the same neighbourhood. The only difference between the two is that Poe's house is subject to an annual property tax payment that is by $500 higher than Maz's. Assume that the relevant discount rate is 2.5%.


What is the difference between the present values of the two future streams of property taxes? (do not use currency symbols in your answer; express your answer as a decimal, e.g. 0.78 and not as a percentage, i.e. 78%; round to the first digit after the decimal point).

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